PRESS KIT

Corporate Overview
Wavefront Energy and Environmental Services Inc. – originally established in 1997 under the name PE-TECH Inc. – develops, markets and licenses proprietary technologies in the energy and environmental sectors. The company was formed to bring a game-changing technology to these sectors, which it has done with its proprietary Powerwave injection process for oil recovery and its Primawave process for environmental applications.

Energy
Traditional extraction methods typically result in 10-20 percent recovery, meaning that roughly 80 percent of the oil remains in the ground. Wavefront uses its Powerwave technology to extract oil from low or non-producing wells in the United States and Canada, thereby helping North America to produce more domestic oil by squeezing more oil out of existing sources. The Powerwave process has been put to use on a wide range of well applications ranging from production stimulation to secondary recovery. Customers ranging from small independents to mid-size to major operators have used Powerwave effectively to increase production levels. In some cases, the Powerwave process has helped to increase individual well production by greater than 1,000 percent and secondary field recovery of greater than 30 percent.

Environmental
In the environmental sector, Wavefront’s Primawave process is a simple and cost-effective solution used to enhance the effectiveness of pump-and-treat and in-situ (in-ground) chemical oxidation (ISCO) applications, which are used to remove harmful chemicals from contaminated groundwater. Utilizing the same scientific principles as the Powerwave process, Primawave has been adapted to meet the unique requirements of the environmental remediation market. By pulsing injection fluid through a formation, Primawave reduces the use of preferential flow paths used by in situ remedies, allowing the remedies to reach a larger area and providing a more uniform distribution of these remedies throughout the formation.

Expertise
An additional key to Wavefront’s success is the expertise of its research and development team. PhD-level physicists work on the rigorous theory behind Powerwave and Primawave and continually develop powerful reservoir models that incorporate the physics of the two processes and allow Wavefront to predict possible outcomes of Powerwave and Primawave implementations.

Wavefront is headquartered in Edmonton, Alberta, Canada.